Kura SushiInc Balance Sheet Health
Financial Health criteria checks 4/6
Kura SushiInc has a total shareholder equity of ¥77.0B and total debt of ¥990.0M, which brings its debt-to-equity ratio to 1.3%. Its total assets and total liabilities are ¥144.6B and ¥67.6B respectively. Kura SushiInc's EBIT is ¥9.2B making its interest coverage ratio -42.6. It has cash and short-term investments of ¥23.5B.
Key information
1.3%
Debt to equity ratio
JP¥990.00m
Debt
| Interest coverage ratio | -42.6x |
| Cash | JP¥23.52b |
| Equity | JP¥77.03b |
| Total liabilities | JP¥67.61b |
| Total assets | JP¥144.64b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: KUCP.F's short term assets (¥35.8B) exceed its short term liabilities (¥30.6B).
Long Term Liabilities: KUCP.F's short term assets (¥35.8B) do not cover its long term liabilities (¥37.1B).
Debt to Equity History and Analysis
Debt Level: KUCP.F has more cash than its total debt.
Reducing Debt: KUCP.F's debt to equity ratio has increased from 0.9% to 1.3% over the past 5 years.
Debt Coverage: KUCP.F's debt is well covered by operating cash flow (2018.2%).
Interest Coverage: KUCP.F earns more interest than it pays, so coverage of interest payments is not a concern.